As data Center Projects Surge, Can NJ keep Up?

njspotlightnews.org

Close to AI customers like universities, medical research facilities and fintech firms in New York City and Philadelphia, New Jersey is a magnet for the booming data center industry.

And while the Garden State has room to build these facilities, the power to run them comes at a price. Ratepayers saw their electricity bills spike by almost 20% this summer, driven in large part by the amount of power needed to run new data centers, according to analysts.